MSE News: Barclaycard introduces contactless 'PayTag'

simonhunter87

aldredd wrote: »

But what happens when you no longer want the phone and you've got your DC/CC stuck to it?

peel off the sticker, cut it up, inform barlcays, and request a new 1 to stick to your next phone. it's just like having an additional cardholder's card on your account.

simonhunter87

has anyone received their paytag yet?

savagej

Does anyone know if this will all eventually get joined up, as I am waiting on my paytag, but what happens if someone sends me someone money using their mobile number through pingit (I have a b/card but not a barclays current account), or O2 wallets the current 2 big ones.

Then I need their apps on my phone to receive the money. As I understand it Google, Paypal .... are all looking to create their own versions.

But as the market expands will there be a generic app /accepting facility so I don't have to have every banks and their own apps taking my the memory on my phone so I can receive the odd £1?

Plus giving them room to try and sell thing to me and collect my data.

Venusflytrap

Butterfly_Brain wrote: »

Give me cash any day !

I do not like the fact that all of my hard earned income is held, moved and dispensed by electronic nothingness that I can neither reason with, control nor tangibly grasp. What about the day when the master system says 'No'? I strongly think that cash is an alternative that should remain a viable option for all.

Barclays sent my husband and I an invite to trial this "new and exciting" technology and we very quickly went online and told them where to go. I am quite capable of pulling cash out of my wallet and do not need to 'ping' it or be tagged!

Chris2000

mrmadcat wrote: »

has anyone received their paytag yet?

The letter I received gave me until today to opt out of receiving one, so it's unlikely they have been mailed out yet.

MiserlyMartin

Sticking that on the back of your phone? Sounds like a thing to give criminals even more reason to mug you for your phone - as if there wasn't enough on it already. Email.... online banking....

Gromitt

Considering that a contactless debit/credit card requires pin-entry every so many transactions, hows this going to work? You tell the cashier you wish to pay by contactless. She presses the buttons on the register and the terminal lights up. You then place your phone on the reader and it goes BEEP "Insert card and enter PIN", then you go fumbling in your bag for your card. Meanwhile the guy behind you is getting increasingly frustrated because all of that was for 99p.

I still think carrying a bit of loose change is easier, more convenient and less hassle, and you don't see many people saying "Sorry, our cash register is faulty, we can only take cards", but the terminals can and do go wrong.

simonhunter87

The machines won't say type in ur pin and insert ur card. It will never ask for ur pin with paytag. They will call you if transactions seem abnormal similar to if u were abroad or made an unusual transaction on ur debit card normally

simonhunter87

MiserlyMartin wrote: »

Sticking that on the back of your phone? Sounds like a thing to give criminals even more reason to mug you for your phone - as if there wasn't enough on it already. Email.... online banking....

If someone steals my phone they don't get anything. It has a pin so they can't access my data. I have a remote wipe facility to wipe everything off it. I call my network and they cancel the sim and bar the handset. I call Barclaycard and they cancel the paytag and refund me any transactions I didn't authorise. They criminals can also be tracked by the police as my phone has gps.

If someone steals my wallet with my cash in it they get all my cash with no way of tracing it or cancelling it.

Gromitt

mrmadcat wrote: »

The machines won't say type in ur pin and insert ur card. It will never ask for ur pin with paytag. They will call you if transactions seem abnormal similar to if u were abroad or made an unusual transaction on ur debit card normally

So even though its using the same system as contactless debit/credit cards, they are going to work in a completely different way?

I wonder if the paytag is linked to your card or if its a completely different number so they know it's a paytag.